Daol Savings Bank Resumes Sales of "Fi Asset Management Account" ... 3.5% Annual Rate for Balances Over 300 Million Won
3.5% Annual Interest on Entire Balance Over 300 Million Won
Free Deposits and Withdrawals... "Combines High Interest Benefits with Flexible Fund Management"
Daol Savings Bank announced on the 19th that it will resume sales of its "Fi Asset Management Account," a specialized product for high-net-worth asset management.
In line with the relaunch, Daol Savings Bank has increased the maximum interest rate from the previous annual rate of 2.8% to 3.5% per annum.
If the account balance is 300 million won or more, an annual rate of 3.5% is applied to the entire deposit amount. For balances below 300 million won, a 2.0% annual interest rate is offered. In addition, preferential benefits are provided based on the average deposit balance, such as up to three gifts per year (each worth 50,000 won) on birthdays and holidays.
The Fi Asset Management Account is a parking account that allows free deposits and withdrawals. The interest rate is applied daily based on the end-of-day balance. Monthly interest payments enhance convenience for money management.
Unlike typical parking accounts that only offer high interest rates on small balances, this account applies the highest interest rate to the entire deposit amount if the balance is 300 million won or more. This allows account holders to enjoy both liquidity and interest benefits in a single account, making it a useful tool for managing idle investment funds or short-term operating capital.
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A representative from Daol Savings Bank stated, "We planned the relaunch to meet customer demand for products that offer both competitive interest rates and flexible fund management," adding, "We plan to continue expanding products and services that meet the diverse asset management needs of our customers."
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